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Med-tech trends: Stryker, Johnson & Johnson, Medtronic, St. Jude and Boston Scientific most talked about device companies in February

March 6, 2012 by MassDevice staff

MassDevice.com looks at the internet chatter surrounding the medical device industry with some of most searched-for companies of the last month.

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MassDevice.com looked at some of the most talked-about medical device companies, based on trends in U.S. Google searches for the last 30 days.

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Boston Scientific ties employee bonuses to overall company performance | Personnel Moves

March 5, 2012 by MassDevice staff

Boston Scientific reconfigures its employee bonus program to allocate rewards from a single company-side pool, the value of which is tied to the company's overall performance for the year.

Carrot dangling from a stick

Boston Scientific (NYSE:BSX) employees could see their annual bonus payments shrink or grow based on the device maker's adjusted earnings per share and global sales by the end of the year, thanks to a new performance incentive plan for 2012.

The Natick, Mass.-based med-tech titan reconfigured its employee reward system, tying the total potential payout for all regions and division into a single pool, the value of which fluctuates along with the company's performance in 2012.

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Medtronic wins CE Mark for MRI-safe leads

March 5, 2012 by MassDevice staff

Medtronic wins CE Mark approval in the European Union for its CapSure Sense SureScan pacing leads, the smallest MRI-safe pacemaker leads.

CapSure leads

Medtronic (NYSE:MDT) won CE Mark approval in the European Union for its latest-generation MRI-friendly pacemaker lead set, the CapSure Sense MRI SureScan.

The leads are the smallest available in the world that allow patients to undergo MRI procedures without risking damage to their devices from the scanners' powerful magnets.

MassDevice.com +3 | The top 3 med-tech stories for March 2, 2012.

March 2, 2012 by MassDevice staff

Families sue Synthes over patient deaths, St. Jude and Stryker tie for most admired company and former Medtronic CEO Hawkins chairs the new med-tech regulatory science research center.

Plus 3

Say hello to MassDevice +3, a bite-sized view of the top three med-tech stories of the day. This feature of MassDevice.com's coverage highlights our 3 biggest and most influential stories from the day's news to make sure you're up to date on the headlines that continue to shape the medical device industry.

If you read nothing else today, make sure you're still in the know with MassDevice +3.

St. Jude and Stryker tie for most admired company for 2012 | MassDevice.com On Call

March 2, 2012 by MassDevice staff

St. Jude and Stryker are neck and neck for the most admired medical equipment company, according to a survey by CNN Money.

MassDevice On Call

MASSDEVICE ON CALL — St. Jude (NYSE:STJ) and Stryker (NYSE:SYK) tied for the top spot on this year's CNN Money Most Admired Companies list, generated by a survey circulated among businesspeople who ranked companies based on parameters such as financial soundness and social responsibility.

Are more med students using prostitution to pay tuition? | MassDevice.com On Call

February 29, 2012 by MassDevice staff

The proportion of medical students who claim to know someone using prostitution to pay tuition has more than doubled in the last 10 years, according to a new study.

MassDevice On Call

MASSDEVICE ON CALL — A growing number of students claim to know a peer who is using prostitution to pay for med school, according to a new study published in the British Medical Journal.

1 in 10 students surveyed claimed to know someone in the sex trade as a last resort for paying tuition, up from 6% of those surveyed in 2006 and 4% in 2002.

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Olympus board resigns en masse | Wall Street Beat

February 27, 2012 by MassDevice staff

The board of directors for beleaguered Olympus Corp. resigns as 1, with the marketing director for its medical device business on tap to step in as president; also, analyst to Medtronic: Sell off the ICD and spine businesses; St. Jude raises dividend; DePuy ASR settlements could reach $1M – each; plus, a Deals Roundup, a Funding Roundup and analysts' ups and downs.

MassDevice.com Wall Street Beat

The new slate of directors for Olympus Corp. (TYO:7733) is already drawing fire from foreign investors in the endoscopy giant, after its entire board resigned en masse over a $1.7 billion accounting scandal that's slashed its valuation by about 50% since October.

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